NOT LISTED FOR SALE

2865 Hemlock Ave Morro Bay, CA 93442

Estimated Value: $766,000 - $849,000

2 Beds
2 Baths
1,013 Sq Ft
$795/Sq Ft Est. Value

Last Sold January 10, 2018

Last sale price $495,000 $489 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $4,895/month

170 Days on Market

Highlights

  • Ocean View
  • Open Floorplan
  • Quartz Countertops
  • Del Mar Elementary School Rated A-
  • Living Room with Attached Deck
  • No HOA

About This Home

As of January 2018

This charming 2 bedroom, 2 bath fully renovated home is located in the heart of Morro Bay with views of the ocean and the famous Morro rock. This home features an open floor plan and numerous upgrades and amenities including a fully upgraded kitchen with stainless steel Samsung appliances, beautiful contemporary cabinets, fully renovated bathrooms and special finishes that makes this house unique. This house sits on an excellent, peaceful neighborhood with walking distance to the ocean, schools, and the downtown area. This home will not last long so view this home before it's too late!

Last Agent to Sell the Property

Sheraz Gill

EMERALD REALTY SERVICES License #01919982 Listed on: 06/23/2017

Last Buyer's Agent

Joesef Silva-Jackson

SLO Life Realty Group License #01208980

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,102

Year Built

  • Built in 1949 | Remodeled

Lot Details

  • 2,275 Sq Ft Lot
  • Wood Fence
  • Density is up to 1 Unit/Acre
  • On-Hand Building Permits
  • Property is zoned R1

Home Design

  • Cottage
  • Additions or Alterations
  • Flat Roof Shape

Interior Spaces

  • 1,013 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Recessed Lighting
  • Electric Fireplace
  • Living Room with Fireplace
  • Living Room with Attached Deck
  • Tile Flooring
  • Ocean Views

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Dishwasher
  • Quartz Countertops
  • Self-Closing Drawers
  • Utility Sink
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Parking Available
  • Driveway

Outdoor Features

  • Wood Patio
  • Rain Gutters

Utilities

  • ENERGY STAR Qualified Water Heater
  • Gas Water Heater

Additional Features

  • ENERGY STAR Qualified Appliances
  • Urban Location

Listing and Financial Details

  • Assessor Parcel Number 068218031

Community Details

Overview

  • No Home Owners Association
  • Mountainous Community

Amenities

  • Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,102

Year Built

Built in 1949 | Remodeled

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Surface Type: Maintained, Paved
  • Subdivision Name Other: Morro Heights (810)
  • View: Yes
  • Zoning: R1
  • Architectural Style: Cottage
  • Property Condition: Additions/Alterations, Building Permit, Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 068218031
  • Year Built: 1949
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1013.00 Square Feet
  • Interior Amenities: Living Room Deck Attached, Open Floorplan, Recessed Lighting
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Tile
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: Breakfast Nook
  • Fireplace Features: Living Room, Electric
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 488.65
  • Room Type: All Bedrooms Down, Kitchen, Main Floor Master Bedroom, Master Bathroom
  • Bathroom Features: Shower In Tub, Exhaust Fan(s), Remodeled, Upgraded
  • Room Kitchen Features: Quartz Counters, Self-Closing Drawers, Utility Sink

Exterior Features

  • Patio: Yes
  • Exterior Features: Rain Gutters
  • View: Ocean
  • Fence: Yes
  • Fencing: Wood
  • Patio And Porch Features: Deck, Wood
  • Pool Private: No
  • Roof: Flat
  • Spa: No

Garage/Parking

  • Attached Garage: No
  • Parking: Yes
  • Parking Features: Driveway

Utilities

  • Laundry: Yes
  • Appliances: Dishwasher, Electric Range, ENERGY STAR Qualified Appliances, ENERGY STAR Qualified Water Heater, Disposal, Gas Water Heater, Refrigerator
  • Laundry Features: Common Area, Dryer Included, Electric Dryer Hookup, Washer Hookup, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Mountainous, Urban

Schools

  • School District: San Luis Coastal Unified

Green Features

  • Efficiency: Appliances

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 2275.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 105.03

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2017
Closed on
Jan 4, 2018
Sold by
Hobab Hadi
Bought by
Sheely Kenneth Clayton and Sheely Lauren Marie
Seller's Agent
Sheraz Gill
EMERALD REALTY SERVICES
Buyer's Agent
Joesef Silva-Jackson
SLO Life Realty Group
List Price
$559,000
Sold Price
$495,000
Premium/Discount to List
-$64,000
-11.45%
Current Estimated Value
$805,001

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$310,001
Avg. Annual Appreciation
6.52%
Original Mortgage
$385,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 28, 2013
Sold by
Tavassoli Bahareh
Bought by
Hobab Hadi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,000
Interest Rate
3.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 6, 2013
Sold by
Niknamfard Fred and Niknamfard Kathy Y
Bought by
Hobab Hadi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,000
Interest Rate
3.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 29, 2003
Sold by
Desy James J and The Estate Of Mable Gertrude D
Bought by
Niknamfard Fred and Niknamfard Kathy Y
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Sheely Kenneth Clayton $495,000 First American Title Cvo
Hobab Hadi -- First American Title Company
Hobab Hadi $270,000 First American Title Company
Niknamfard Fred $225,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Sheely Kenneth Clayton $368,200
Closed Sheely Kenneth Clayton $368,200
Closed Sheely Kenneth Clayton $385,000
Previous Owner Hobab Hadi $296,250
Previous Owner Hobab Hadi $243,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/10/2018 01/10/18 Sold $495,000 0.0% $489 / Sq Ft
08/31/2017 08/31/17 Off Market $495,000 -- --
08/29/2017 08/29/17 For Sale $559,000 +12.9% $552 / Sq Ft
08/28/2017 08/28/17 Off Market $495,000 -- --
06/23/2017 06/23/17 For Sale $559,000 -- $552 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,102 $563,220 $398,238 $164,982
2024 $5,992 $552,178 $390,430 $161,748
2023 $5,992 $541,352 $382,775 $158,577
2022 $5,617 $530,738 $375,270 $155,468
2021 $5,527 $520,332 $367,912 $152,420
2020 $5,471 $514,998 $364,140 $150,858
2019 $5,414 $504,900 $357,000 $147,900
2018 $3,224 $300,706 $243,506 $57,200
2017 $3,072 $286,478 $238,732 $47,746
2016 $3,012 $280,861 $234,051 $46,810
2015 $2,966 $276,643 $230,536 $46,107
2014 $2,723 $271,225 $226,021 $45,204
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV17173080

California Regional Multiple Listing Service (CRMLS)

APN: 068-218-031